Saturday, August 15, 2009 2:31 pm TWN, AP
Singapore retail sales fall 8 percent in June
SINGAPORE -- Singapore retail sales dropped for the ninth consecutive mouth in June as the city-state slowly emerges from a severe recession. Retail sales fell 8.2 percent from a year earlier after dropping 10.4 percent in May and 11.7 percent in April, the statistics department said in a statement Friday. Rising job losses and a slump in tourist arrivals have undermined retail sales.
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Singapore retail sales fall 8 percent in June
SINGAPORE -- Singapore retail sales dropped for the ninth consecutive mouth in June as the city-state slowly emerges from a severe recession. Retail sales fell 8.2 percent from a year earlier after dropping 10.4 percent in May and 11.7 percent in April, the statistics department said in a statement Friday. Rising job losses and a slump in tourist arrivals have undermined retail sales.
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